Details about Juan Pablo Nicolini

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Workplace:	Research Department, Federal Reserve Bank of Minneapolis, (more information at EDIRC) Departamento de Economía (Department of Economics), Universidad Torcuato Di Tella (Torcuato di Tella University), (more information at EDIRC)

Access statistics for papers by Juan Pablo Nicolini.

Last updated 2022-01-12. Update your information in the RePEc Author Service.

Short-id: pni159

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Working Papers

2022

1. Appendix for: Optimal Cooperative Taxation in the Global Economy
   Staff Report, Federal Reserve Bank of Minneapolis
2. Real Exchange Rates and Primary Commodity Prices: Mussa Meets Backus-Smith
   IDB Publications (Working Papers), Inter-American Development Bank
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2021)
   Working Papers, Red Nacional de Investigadores en Economía (RedNIE) (2021)
3. The Incredible Taylor Principle
   Working Papers, Federal Reserve Bank of Minneapolis

2021

4. Online Appendix for: Real Exchange Rates and Primary Commodity Prices: Mussa Meets Backus-Smith
   Working Papers, Federal Reserve Bank of Minneapolis
5. Online Appendix for: The Welfare Costs of Inflation
   Working Papers, Federal Reserve Bank of Minneapolis
6. Online Appendix for: Two Illustrations of the Quantity Theory of Money Reloaded
   Staff Report, Federal Reserve Bank of Minneapolis
7. Priors and the Slope of the Phillips Curve
   Working Papers, Federal Reserve Bank of Minneapolis
8. The Welfare Costs of Inflation
   Working Papers, Federal Reserve Bank of Minneapolis
   Also in Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft (2019)
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft (2021)
9. Two Illustrations of the Quantity Theory of Money Reloaded
   Staff Report, Federal Reserve Bank of Minneapolis
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2020)

2020

10. A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017
    Staff Report, Federal Reserve Bank of Minneapolis
11. International Evidence on Long-Run Money Demand
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (7)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2019) View citations (2)
    Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (19)
    Working Papers, eSocialSciences (2016) View citations (19)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (12)
    See also Journal Article in Journal of Monetary Economics (2021)
12. Is There a Stable Relationship between Unemployment and Future Inflation?
    Staff Report, Federal Reserve Bank of Minneapolis View citations (3)
13. Lessons from the Monetary and Fiscal History of Latin America
    Staff Report, Federal Reserve Bank of Minneapolis

2019

14. A Quantitative Analysis of Real Exchange Rates and Primary Commodity Prices
    2019 Meeting Papers, Society for Economic Dynamics View citations (2)
15. Accounting for the Slow Recovery from the Great Recession: The Role of Credit Constraints
    2019 Meeting Papers, Society for Economic Dynamics
16. Karl Brunner's Contributions to the Theory of the Money Supply
    Staff Report, Federal Reserve Bank of Minneapolis
17. On the Risk of Leaving the Euro
    Working Papers, Federal Reserve Bank of Minneapolis
18. Online Appendix for: International Evidence on Long-Run Money Demand
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (5)
19. Optimal Cooperative Taxation in the Global Economy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
20. Real Exchange Rates and Primary Commodity Prices
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2019) View citations (1)
    Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (5)
    2015 Meeting Papers, Society for Economic Dynamics (2015)
    See also Journal Article in Journal of International Economics (2020)
21. Self-Fulfilling Debt Crises with Long Stagnations
    Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
22. The Monetary and Fiscal History of Argentina, 1960-2017
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)

2018

23. Did the 1980s in Latin America Need to Be a Lost Decade?
    2018 Meeting Papers, Society for Economic Dynamics
24. Optimal Capital Taxation Revisited
    Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2018) View citations (1)
    See also Journal Article in Journal of Monetary Economics (2020)
25. Ramsey Taxation in the Global Economy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2017)
26. Ramsey Taxation in the Open Economy
    2018 Meeting Papers, Society for Economic Dynamics
27. Sovereign Default: The Role of Expectations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (38)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2015) View citations (29)
    2015 Meeting Papers, Society for Economic Dynamics (2015) View citations (26)
    See also Journal Article in Journal of Economic Theory (2018)

2017

28. Liquidity Traps and Monetary Policy: Managing a Credit Crunch
    Staff Report, Federal Reserve Bank of Minneapolis View citations (4)
    Also in 2016 Meeting Papers, Society for Economic Dynamics (2016) View citations (6)
    Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (5)
    Working Papers, Federal Reserve Bank of Minneapolis (2014) View citations (5)
    See also Journal Article in American Economic Journal: Macroeconomics (2020)
29. Liquidity Traps and Monetary Policy: Managing a Credit Crunch: Online Appendix
    Staff Report, Federal Reserve Bank of Minneapolis View citations (4)
30. Monitoring Money for Price Stability
    Working Papers, Federal Reserve Bank of Minneapolis
    Also in Department of Economics Working Papers, Universidad Torcuato Di Tella (2017) View citations (1)
    See also Journal Article in Journal of Economic Dynamics and Control (2018)

2016

31. More on the Optimal Taxation of Capital
    2016 Meeting Papers, Society for Economic Dynamics View citations (11)
32. Self-fulfilling Prophecies in Sovereign Debt Markets
    Economic Policy Paper, Federal Reserve Bank of Minneapolis

2015

33. Macroeconomic Policy during a Credit Crunch
    Economic Policy Paper, Federal Reserve Bank of Minneapolis
34. Monetary Policy and Dutch Disease: The Case of Price and Wage Rigidity
    Working Papers, Federal Reserve Bank of Minneapolis View citations (6)
    Also in Department of Economics Working Papers, Universidad Torcuato Di Tella (2015) View citations (6)
    See also Chapter (2015)
35. On the Stability of Money Demand
    Working Papers, Federal Reserve Bank of Minneapolis View citations (80)
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (8)
    See also Journal Article in Journal of Monetary Economics (2015)
36. Stock Market Volatility and Learning
    Working Papers, Federal Reserve Bank of Minneapolis View citations (13)
    Also in UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) (2008) View citations (19)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2011)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (11)
    Working Papers, University of Mannheim, Department of Economics (2012) View citations (15)
    Working Papers, Barcelona Graduate School of Economics (2014) View citations (9)
    Working Paper Series, European Central Bank (2008) View citations (33)
    See also Journal Article in Journal of Finance (2016)

2014

37. Is There a Stable Relationship between Unemployment and Future Inflation? Evidence from U.S. Cities
    Working Papers, Federal Reserve Bank of Minneapolis View citations (10)

2013

38. Is there a stable Phillips Curve after all?
    Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (4)
39. Optimal Monetary and Fiscal Policy in a New Keynesian Model with a Dutch Disease: The Case of Complete Markets
    Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (9)
40. Optimal devaluations
    Working Papers, Federal Reserve Bank of Minneapolis View citations (9)
    Also in Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (3)
    Policy Research Working Paper Series, The World Bank (2009) View citations (3)
    See also Journal Article in IMF Economic Review (2013)

2012

41. Money is an experience good: competition and trust in the private provision of money
    Staff Report, Federal Reserve Bank of Minneapolis View citations (12)
    Also in Working Papers, Banco de Portugal, Economics and Research Department (2011)
    Working Papers, Banco de Portugal, Economics and Research Department (2009)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    Economics Working Papers, European University Institute (2011)
    Working Papers, Barcelona Graduate School of Economics View citations (17)
    See also Journal Article in Journal of Monetary Economics (2012)
42. Unconventional fiscal policy at the zero bound
    Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
    Also in Working Papers, Banco de Portugal, Economics and Research Department (2011) View citations (18)
    Working Paper, Harvard University OpenScholar
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (15)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (7)
    See also Journal Article in American Economic Review (2013)

2008

43. Optimal fiscal and monetary policy: equivalence results
    Staff Report, Federal Reserve Bank of Minneapolis View citations (65)
    Also in Working Papers, Banco de Portugal, Economics and Research Department (2003) View citations (19)
    Working Paper Series, Federal Reserve Bank of Chicago (2002) View citations (38)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (11)
    See also Journal Article in Journal of Political Economy (2008)

2006

44. Learning and Stock Market Volatility
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (16)

2005

45. Money and Prices in Models of Bounded Rationality in High Inflation Economies
    Working Papers, Barcelona Graduate School of Economics View citations (8)
    Also in Working Papers, Barcelona Graduate School of Economics (2004)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2005) View citations (9)
    Working Paper Series, European Central Bank (2005) View citations (7)
    See also Journal Article in Review of Economic Dynamics (2005)

2003

46. Inside-Outside Money Competition
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2003) View citations (15)
    Department of Economics Working Papers, Universidad Torcuato Di Tella (2001)
    See also Journal Article in Journal of Monetary Economics (2003)
47. Money and prices in models of bounded rationality
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
48. Using Balance Sheet to identify sovereign default and devaluation risk
    Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (3)

2002

49. Decentralization, Fiscal Discipline in Sub-National Governments and the Bailout Problem: The Case of Argentina
    Research Department Publications, Inter-American Development Bank, Research Department View citations (37)
50. Optimal Maturity of Governement Debt without state contingent bonds
    Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (1)
    See also Journal Article in Journal of Monetary Economics (2004)

2001

51. Recurrent hyperinflations and learning
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)
    Also in Working Papers, CEMFI (1997)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (19)
    See also Journal Article in American Economic Review (2003)

2000

52. Competition and Reputation
    Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (3)
    Also in Economics Working Papers, European University Institute (1999) View citations (1)
53. Optimal Maturity of Government Debt with Incomplete Markets
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (7)

1997

54. Electronic money: the end of inflation?
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (4)

1996

55. Optimal Unemployment Insurance
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) View citations (3)
    See also Journal Article in Journal of Political Economy (1997)

1993

56. More on the time inconsistency of optimal monetary policy
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (11)

1992

57. Ruling out speculative hyperinflations: A game theoretic approach
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (1)

Journal Articles

2021

1. International evidence on long-run money demand
   Journal of Monetary Economics, 2021, 117, (C), 43-63 View citations (3)
   See also Working Paper (2020)

2020

2. Liquidity Traps and Monetary Policy: Managing a Credit Crunch
   American Economic Journal: Macroeconomics, 2020, 12, (3), 110-38 View citations (1)
   See also Working Paper (2017)
3. Optimal capital taxation revisited
   Journal of Monetary Economics, 2020, 116, (C), 147-165 View citations (5)
   See also Working Paper (2018)
4. Real exchange rates and primary commodity prices
   Journal of International Economics, 2020, 122, (C) View citations (4)
   See also Working Paper (2019)

2018

5. Monitoring money for price stability
   Journal of Economic Dynamics and Control, 2018, 89, (C), 50-63
   See also Working Paper (2017)
6. Sovereign default: The role of expectations
   Journal of Economic Theory, 2018, 175, (C), 803-812 View citations (18)
   See also Working Paper (2018)

2017

7. Money demand: A simple look at some data
   Aussenwirtschaft, 2017, 68, (01), 29-49

2016

8. Stock Market Volatility and Learning
   Journal of Finance, 2016, 71, (1), 33-82 View citations (71)
   See also Working Paper (2015)

2015

9. On the stability of money demand
   Journal of Monetary Economics, 2015, 73, (C), 48-65 View citations (95)
   See also Working Paper (2015)
10. Política Monetaria y la Enfermedad Holandesa: Rigidez de Precios y de Salarios
    Journal Economía Chilena (The Chilean Economy), 2015, 18, (2), 28-60

2013

11. Optimal Devaluations
    IMF Economic Review, 2013, 61, (1), 22-51 View citations (9)
    See also Working Paper (2013)
12. Unconventional Fiscal Policy at the Zero Bound
    American Economic Review, 2013, 103, (4), 1172-1211 View citations (142)
    See also Working Paper (2012)

2012

13. Money is an experience good: Competition and trust in the private provision of money
    Journal of Monetary Economics, 2012, 59, (8), 815-825 View citations (17)
    See also Working Paper (2012)

2011

14. The Argentine Economy after Two Centuries
    Latin American Journal of Economics-formerly Cuadernos de Economía, 2011, 48, (2), 133-156 View citations (1)

2009

15. Optimal Unemployment Insurance and Employment History
    Review of Economic Studies, 2009, 76, (3), 1049-1070 View citations (62)

2008

16. Optimal Fiscal and Monetary Policy: Equivalence Results
    Journal of Political Economy, 2008, 116, (1), 141-170 View citations (79)
    See also Working Paper (2008)

2005

17. Money and Prices in Models of Bounded Rationality in High Inflation Economies
    Review of Economic Dynamics, 2005, 8, (2), 452-479 View citations (8)
    See also Working Paper (2005)

2004

18. Optimal maturity of government debt without state contingent bonds
    Journal of Monetary Economics, 2004, 51, (3), 531-554 View citations (108)
    See also Working Paper (2002)

2003

19. Inside-outside money competition
    Journal of Monetary Economics, 2003, 50, (8), 1701-1718 View citations (18)
    See also Working Paper (2003)
20. Recurrent Hyperinflations and Learning
    American Economic Review, 2003, 93, (5), 1476-1498 View citations (147)
    See also Working Paper (2001)

1998

21. More on the time consistency of monetary policy
    Journal of Monetary Economics, 1998, 41, (2), 333-350 View citations (44)
22. Tax evasion and the optimal inflation tax
    Journal of Development Economics, 1998, 55, (1), 215-232 View citations (39)

1997

23. Optimal Unemployment Insurance
    Journal of Political Economy, 1997, 105, (2), 412-38 View citations (487)
    See also Working Paper (1996)

1996

24. Ruling out speculative hyperinflations The role of the government
    Journal of Economic Dynamics and Control, 1996, 20, (5), 791-809 View citations (8)

Books

2011

1. Shielding the Poor: Social Protection in the Developing World
   IDB Publications (Books), Inter-American Development Bank View citations (3)

Chapters

2015

1. Monetary Policy and Dutch Disease: The Case of Price and Wage Rigidity
   Chapter 03 in Commodity Prices and Macroeconomic Policy, 2015, vol. 22, pp 051-089 View citations (5)
   See also Working Paper (2015)

Software Items